Hi,
There is a new ConTeXt release: 2006.12.20.
This release fixes a few of the most recently reported problems:
* Another \quotation patch, should be OK now
* A few redefined accents in unicode encoding
* Empty lines in pdf font resources are now ignored
* Two-line TABLE tables had spacing problems
* Make \placeformula $$ .. $$ work again
Best,
Taco